Loyal Textile Mills Balance Sheet Health
Financial Health criteria checks 2/6
Loyal Textile Mills has a total shareholder equity of ₹3.4B and total debt of ₹6.3B, which brings its debt-to-equity ratio to 189.1%. Its total assets and total liabilities are ₹11.9B and ₹8.6B respectively.
Key information
189.1%
Debt to equity ratio
₹6.34b
Debt
Interest coverage ratio | n/a |
Cash | ₹160.20m |
Equity | ₹3.35b |
Total liabilities | ₹8.56b |
Total assets | ₹11.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514036's short term assets (₹7.8B) do not cover its short term liabilities (₹8.5B).
Long Term Liabilities: 514036's short term assets (₹7.8B) exceed its long term liabilities (₹13.0M).
Debt to Equity History and Analysis
Debt Level: 514036's net debt to equity ratio (184.3%) is considered high.
Reducing Debt: 514036's debt to equity ratio has reduced from 219.6% to 189.1% over the past 5 years.
Debt Coverage: 514036's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: Insufficient data to determine if 514036's interest payments on its debt are well covered by EBIT.